BRICS worried about markets, oil price volatility: Putin
[UFA, Russia] The BRICS emerging nations are worried about the volatility of financial markets and oil prices, Russian President Vladimir Putin said on Thursday.
"We are concerned about the instability of the markets, the high volatility of energy and commodity prices, and the accumulation of sovereign debt by a number of countries," Mr Putin said during a BRICS summit in the Russian city of Ufa.
"These imbalances affect the growth rate and our economies."
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons